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We Paid $11,000!

Rare $50 1882 Territory Bill from The First National Bank of De Smet, SD

Bank Name:  The First National Bank of De Smet

State:  SD – South Dakota

Charter Number:  3435

Lifetime:  Operated 1886 to 1892 | Total Issue – $26,700

Series:  $50 – 1882 Brown Back National Banknote (Territorial)

Sheets Printed:  141

Value:  Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020

Basic Design:

Rarity and Value:  Good luck finding many notes like this. Currently only two are known to exist. High denominations like this rarely show up any more these days. This will always be a rare national bank note. The value of any territorial is just based on its condition and the bank that printed it. Please contact us if you have questions regarding the value of your note. Don’t forget to check the serial number. Number 1 notes always sell for nice premiums.

Current Market Analysis:  The market for South Dakota national bank notes can be difficult to understand. We have bought things for $5,000 that we were forced to sell for $2,500. We have also bought things for $2,500 that we expected to be $3,000 that ended up selling for $5,000. There are lots of rare bank notes from South Dakota. However, rarity isn’t always enough to make something valuable. The location of the issuing bank is also very important. Early notes like brown backs and red seals can be worth lots of money. We also need to mention that first charter notes and brown backs that were issued during South Dakota’s territorial period are always more valuable than other notes issued after it became a state.

We Are Buyers!!!

We buy all antique paper money issued by The First National Bank of De Smet, SD. We can tell you how much your $50 bill is worth. We aren’t just dealers. We are also collectors, experts, and appraisers. We have contributed to numerous price guides and are considered specialists in the field of national currency. Contact us via phone or email to get your free appraisal today.

Info@RareCurrency.com – 864-430-4020

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Email: Info@RareCurrency.com
Phone: (864) 430-4020
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